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Singapore’s new rule on MNC transfer pricing ups reporting burden

Singapore’s tax authority rolls out new rules on transfer pricing reporting. Multinationals will have to invest in people and resources to ensure they are compliant.
Singapore’s new rule on MNC transfer pricing ups reporting burden

From the 2018 tax assessment year onward, multi-national companies in Singapore will have to refer to a new set of standards to report related party transactions (RPT), effectively making it more difficult for them to shift profits.

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